Tagged: bitcoin

May 13, 2021 @ 9:09 pm By Omar Faridi  |  

After Elon Musk’s Tesla announced that it would no longer accept Bitcoin payments due to concerns regarding the excessive consumption of electricity (and fossil fuels) in BTC mining, the Cardano Foundation has come forward to suggest that Cardano (ADA) and Tesla could potentially be an… Read More

May 13, 2021 @ 7:54 am By Omar Faridi  |  

Bitcoin (BTC) lost considerable ground in April 2021, however, Ethereum (ETH) and other altcoins soared high, OKEx reports in a comprehensive crypto market update. April 2021 finally broke BTC’s winning streak “despite it being a historically positive month for price action,” the report from OKEx… Read More

May 13, 2021 @ 12:02 am By JD Alois  |  

Elon Musk has once again altered the trajectory of a cryptocurrency – this time with  Bitcoin. Via Twitter, Musk announced that Tesla will no longer accept Bitcoin due to concerns regarding the cost and affiliated energy usage in Bitcoin mining. Musk stated: “Cryptocurrency is a… Read More

May 12, 2021 @ 9:37 pm By Omar Faridi  |  

Robo-advisor AQUMON has launched SmartGlobalX, which is described as a “smart” Bitcoin exchange-traded-fund (ETF) investment portfolio. It integrates SmartGlobal algorithms with a Bitcoin ETF in order to allow customers to invest in securitized digital assets, starting from as low as $1,000. AQUMON’s management noted that… Read More

May 12, 2021 @ 11:35 am By Samantha Hurst  |  

  Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Wednesday it has teamed up with cryptocurrency cash exchange Coinme to expand access to bitcoin. According to Moneygram, the partnership will enable the cash funding and payout of digital currency purchases, as well as sales…. Read More

May 11, 2021 @ 9:42 pm By JD Alois  |  

The Securities and Exchange Commission, Division of Investment Management (IM) has issued a staff statement cautioning investors who purchase shares in mutual funds that have exposure to Bitcoin futures. According to the Staff statement, investors should understand that Bitcoin is a highly speculative investment and… Read More

May 11, 2021 @ 8:21 pm By Omar Faridi  |  

The team at BitOoda, a global digital asset financial technology and services platform offering risk management solutions, best-execution brokerage and market analysis, has released their Weekly Hash Report (dated 5/10/2021). As mentioned in the report from BitOoda, Bitcoin (BTC) surged 3% week on week (WoW), “reaching… Read More

May 10, 2021 @ 9:34 pm By Omar Faridi  |  

Digital asset firm Kraken recently published a report that explains how to safely and securely store your cryptocurrency holdings. Kraken notes in its report that if you’ve recently purchased some crypto-assets, then you might feel uneasy after hearing about the many horror stories of investors… Read More

May 9, 2021 @ 7:46 pm By Omar Faridi  |  

Ram Ahluwalia, CFA, Founder of PeerIQ and careful observer of the Fintech, Crypto, markets, and startups space, has posed what he claims to be “a $100 billion question” for Coinbase. So here’s the $100 Bn question for Coinbase…If digital currency ETFs are inevitable, consumers will… Read More

May 8, 2021 @ 2:01 pm By Omar Faridi  |  

The team at Blockchain.com, a leading digital currency wallet provider, trading platform, and block explorer service, notes that as the crypto-asset space exceeds the $2 trillion market value level, many people might be wondering just how much longer and higher will these prices go in… Read More

May 7, 2021 @ 4:46 pm By Omar Faridi  |  

The team at digital assets firm Kraken asks whether the current Bitcoin (BTC) rally could go straight up “forever.” Kraken points out in a recent report that for the first time since October 2020, we have seen a “brief pause” in the form of this… Read More

May 7, 2021 @ 3:00 pm By JD Alois  |  

Senator Elizabeth Warren, a prominent progressive and member of the Senate Banking Committee, doesn’t like Bitcoin it appears. According to a report in Yahoo, Senator Warren took umbrage at the amount of energy Bitcoin consumes in completing transactions. “I also think with bitcoin, and with… Read More

May 7, 2021 @ 10:00 am By JD Alois  |  

Equa has received $2.5 million in funding in a private offering. Simultaneously, Equa said it will be purchasing Bitcoin which will go into Bitcoin treasury and corporate treasury tools. According to the company, Bitcoin-backed promissory notes will be issued at two separate interest rates depending… Read More

May 6, 2021 @ 9:27 pm By Omar Faridi  |  

Jameson Lopp, CTO at Bitcoin (BTC) focused firm Casa, recently explained what the Bitcoin (BTC) Taproot upgrade will bring to the world’s largest cryptocurrency network. Lopp discussed (in a recent blog post) how the Bitcoin Taproot update could affect you and your Bitcoin wallet, especially… Read More

May 6, 2021 @ 8:08 am By Samantha Hurst  |  

    Digital bank Revolut announced on Thursday the public beta launch of crypto withdrawals. According to Revolut, the new feature will provide customers with the option to transfer Bitcoin to their personal wallets outside of the Revolut platform. “With the rollout of crypto withdrawals, Revolut… Read More

May 5, 2021 @ 1:00 pm By Omar Faridi  |  

We recently connected with Kyle Sonlin, CEO at Security Token Market (STM), which is focused on supporting the nascent blockchain-based security tokens space. Sonlin explained how the global financial system is evolving rapidly and how security tokens can help streamline many traditional business processes. Sonlin… Read More

May 5, 2021 @ 8:16 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Tuesday (May 4, 2021) that digital asset investment products saw… Read More

May 3, 2021 @ 9:37 pm By Omar Faridi  |  

Peer to peer crypto exchange Paxful, which recently topped $5 billion in total trades via its platform since its launch, has teamed up with international mobile recharge powerhouse DingConnect in order to give users a chance to run their own “global business.” As noted in… Read More

May 3, 2021 @ 7:34 pm By Omar Faridi  |  

The team at UK-based Blockchain.com, a leading crypto wallet, trading platform, and block explorer service, notes that as the crypto community grows and digital currency adoption also gains speed, educational resources like the ones prepared by 99 Bitcoins will be “key to help usher in… Read More

May 3, 2021 @ 7:26 pm By Omar Faridi  |  

Many people across the globe are now looking to break away from the “old way of investing,” according to a blog post published by digital asset firm Kraken. The modern investor has charts, real-time news, communities, and even zero-fee trading platforms “guiding their financial decisions… Read More